Power Sector News Roundup for October 1, 2025

Author: PPD Team Date: November 10, 2025 India PFC, Schneider Electric, and KPI Green announce Q2 FY2025-26 results Power Finance Corporation (PFC) reported a consolidated net profit of Rs 44.60 billion for Q2 FY2025-26, up 2.06% from Rs 43.70 billion a year earlier. Revenue rose 11.82% to Rs 147.60 billion, supported by loan book expansion and cost efficiency. The results were approved by the board on November 7, 2025. Schneider Electric India’s net profit declined…

Author: PPD Team Date: November 28, 2025 India Laser Power & Infra secures Rs 836 crore order under RDSS Laser Power and Infra Ltd has received three orders worth Rs 836 crore under the Revamped Distribution Sector Scheme. NTPC and two state discoms placed the mandates for work in Uttar Pradesh, Jammu and Kashmir, and Rajasthan. The largest order of Rs 422.11 crore came from Kanpur Electricity Supply Company. NTPC awarded a Rs 212.06 crore…

Author: PPD Team Date: January 31, 2026 India JSW Neo Energy completes Tidong hydro acquisition JSW Neo Energy Limited has completed the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS on January 29, 2026. The transaction was valued at approximately Rs 1,728 crore and closed after regulatory approvals. Tidong Power is developing a 150 MW run of river hydro project in the Tidong Valley in Himachal Pradesh, scheduled for commissioning in…

Author: PPD Team Date: December 3, 2025 India Adani Green forms two new renewable energy subsidiaries Adani Green Energy has created two wholly owned subsidiaries to support its expansion in renewable power. Urjasetu Renewables and Hydrobloom Power were incorporated on 02 December 2025 under Adani Renewable Energy Holding Eleven. Each entity has authorised and paid up capital of Rs 1,00,000 and neither has started operations. Both will undertake power generation and related activities using renewable…

Author: PPD Team Date: November 13, 2025 India PXIL appoints Vivek Singla as Managing Director and CEO Power Exchange India Limited has appointed Vivek Singla as its Managing Director and Chief Executive Officer. Singla has over 35 years of experience in the power sector, covering generation, transmission, distribution, renewables, and green hydrogen. An alumnus of Delhi Institute of Technology, FMS Delhi University, and ISB Hyderabad, he is known for leadership in business transformation and deal…